223a Preston Road, Wynnum West QLD 4178

$1,049,000+

5 beds

2 baths

2 parking

Versatile Dual Living by the Bay!

Discover this unique dual living opportunity, set on a 404m² block, offering two streams of income on a single title with NO body corporate fees! Whether you're an investor seeking excellent rental yields & capital growth opportunity, or a homeowner looking to reside in one unit while earning income from the other to help pay your mortgage, this property is ideal!

Perfectly positioned to enjoy all the benefits of bayside living, including proximity to Wynnum Esplanade, major shopping centres, top-rated schools, dining options, Wynnum Golf Club, vibrant Saturday markets, and more. Don't miss out on this outstanding opportunity!

The property currently generates a combined rental income of $890 per week. From February, the rental income has the opportunity to increase to $1,000-$1,100 per week, based on recent market appraisals.

Property Highlights:

Unit 1 (Leased until February 2025):
3 generously-sized bedrooms with built-in wardrobes
Air-conditioning and ceiling fans
Open-plan living and dining area
Separate laundry
Expansive kitchen with ample storage
Spacious alfresco dining area leading to a large grass backyard
Single lock-up garage with remote access

Unit 2 (Leased until January 2025):
Separate water meter
Master bedroom with built-in wardrobe
Second bedroom with built-in wardrobe
Open-concept kitchen
Comfortable living area
Air-conditioning and ceiling fans
Separate laundry
Single lock-up garage with remote access
Located just a 25-minute drive from Brisbane CBD, this home is within walking distance of the Wynnum Esplanade, schools, shops, parks, and public transport. It also offers easy access to the M1 highway, airport, and Moreton Bay.

Seize this incredible dual living opportunity-schedule your inspection today!

Property Details

• Type: House
• Bedrooms: 5
• Bathrooms: 2
• Garage Spaces: 2